Company News

May 5, 2012 Russian National Library hold a presentation of the unique album Posters of Wartime Leningrad.

May 4, 2012, representatives of Council of Veterans of TGC-1 and company management will hold a traditional meeting with veterans of the World Warr II and Sieged Leningrad citizens at Vasileostrovskaya CHP.

JSC TGC-1 releases audited consolidated financial statements (prepared in accordance with IFRS) for the year ended 31 December 2011.

On March 15, TGC-1 has fully settled its obligations to repurchase bonds of series 01.

The TGC-1’s Board of Directors approved a list of candidates to the Company’s Board of Directors to be voted for at the Annual General Shareholder Meeting.

On March 11, 2012, TGC-1 has successfully completed issuing 10-year bonds of series 04 at MICEX. The bonds were completely sold out in the market.

JSC TGC-1 published its financial statements for 2011, made under Russian Accounting Standards (RAS).

On March 2, 2012, TGC-1 set an interest rate equal to 7.6% per annum for 11-14th coupons of TGC-1’s bonds of series 01. The interests to be paid are 37 rubles 90 kopecks per each Issuer’s bond.

March 1, 2012 in Museum complex "The Universe of Water" (St.Petersburg, 56 Shpalernaya Str.) there were called nominees of the Cristal Drop Vodokanal Prize in 2011.

Since February 20, 2012 Lapland Centre for Economic Development, Transport and the Environment has become a new regulator of Lake Inari, which is in use of three states — Russian Federation, Norway and Finland.

On February 18, 2012 the International Winter Fest 'Hyperboreya' in Karelia called its nominees.

February 16, 2012 Sergey Kozyrev, vice-governor of St.Petersburg, visited Pravoberezhnaya CHP TGC-1 — a new-built plant with total capacity of 1,120 GCal/h.

TGC-1’s Board of Directors considered a range of corporate matters and approved revision of the Pervomayskaya and Central CHPPs renovation projects.

New 3d hydraulic unit was renovated at the Belomorskaya HPP in accordance with the renovation programme.

JSC TGC-1 has drawn its production results in the 4th quarter and the 12 months of 2011.

TGC-1 has finished the large project of refurbishment three units' speed control at Putkinskaya HPP (Kem' HPPs Cascade) in Karelia.

Industrial Energy Fund members (Finland) visited TGC-1 Yuzhnaya CHP plant on January 12, 2012.

December 21, 2011 in the very centre of the city there opens Christmas Charity Fair. TGC-1 is the major sponsor of the fair, which will be on till the end of holidays

December 16, 2011: TGC-1 started Christmas Charity fair in its office in St. Petersburg

Traditional international industrial forum took part in Petrozavodsk, Karelian capital, on 13 December, 2011. TGC-1 was among the participants.